United Texas Bank is headquartered in Dallas and is the 78th largest bank in the state of Texas. It is also the 890th largest bank in the nation. It was established in 1986 and as of December of 2020, it had grown to 37 employees at 2 locations. United Texas Bank's money market rates are 36% higher than the national average, and it boasts an A+ health rating.
One Of The Best Personal Savings Accounts
I spent a significant amount of time and energy searching for a local high-yield personal savings account from a bank with excellent financial health. I settled on United Texas Bank and was immediately impressed by the quality of their customer service. Laura Malfitano (one of their branch managers) has been terrific to work with and has helped set up the account from day one. Overall, this is a wonderful financial institution with competitive rates and a superior customer service. I would not hesitate to recommend them to anyone looking for a high-yield personal savings account.
Best Ever Experience With A Bank
Over the last two years, my experience with United
Texas Bank is excellent. There is no comparison
to their honest and professional service.
Specifically, the deposit accounts manager stands
out in a league of his own, providing patient,
detailed and individualized personal assistance; and
he has assembled an outstanding team who
follow his example. 5 star recommendation for this bank and for its deposit accounts manager.
Personal And Professional
My experience has been great. Personal attention of a small bank and services of a big bank .Jim Waldeck has created a customer oriented culture that is a pleasure to work with. Fast, efficient, honest, and personal.
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26626 |
| Year Established | 1986 |
| Employees | 37 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 3.44% |
| Return on Equity - YTD | 35.63% |
| Annual Interest Income | $31.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $1.06B$663.6MM |
| Loans | Q4 2020vs Q4 2019 | $432.9MM$409.0MM |
| Deposits | Q4 2020vs Q4 2019 | $736.0MM$509.4MM |
| Equity Capital | Q4 2020vs Q4 2019 | $113.6MM$57.1MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $4.9MM$3.2MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.6MM$0 |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |